Director/PDMR Shareholding

RNS Number : 1837V

Hotel Chocolat Group PLC

29 November 2019

 

29 November 2019

HOTEL CHOCOLAT GROUP PLC

("Hotel Chocolat", the "Company" or the "Group")

Director/PDMR Dealings

The Company announces today that it has issued 20,270 new ordinary shares of 0.1p each in the Company ("Ordinary Shares") pursuant to the exercise of share options by Director, Matt Margereson. The options were issued under the Approved part of the Company's Long-Term Incentive Plan and have been exercised at an exercise price of 148p each. The exercise of the above share options has been satisfied by the Company's block listing arrangements.

Following the exercise of the share options, Mr Margereson has sold the 20,270 Ordinary shares acquired as a result of the share option exercise.

The details of the exercise of options and the sale of Ordinary Shares are summarised below:

	Initial Holding					Resultant Holding
Director	Number of Ordinary Shares	Percentage of issued share capital	Options exercised	Ordinary Shares sold	Price of Ordinary Shares sold	Number of Ordinary Shares	Percentage of issued share capital
Matthew Margereson	253,565	0.22%	20,270	20,270	420p	253,565	0.22%

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	MATTHEW PAUL MARGERESON
2	Reason for the notification
a)	Position/status	CHIEF OPERATING OFFICER
b)	Initial notification /Amendment	INITIAL NOTIFICATION
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	HOTEL CHOCOLAT GROUP PLC
b)	LEI	213800B4D3J15PZHVY29
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument	HOTEL CHOCOLAT GROUP PLC ORDINARY SHARES OF 0.1P EACH
	Identification code	ISIN: GB00BY23CB04
b)	Nature of the transaction	EXERCISE OF OPTIONS
c)	Price(s) and volume(s)
				Price(s)	Volume(s)
				£1.48	20,270
d)	Aggregated information
	- Aggregated volume	n/a single transaction
	- Price
e)	Date of the transaction	29 November 2019
f)	Place of the transaction	OUTSIDE A TRADING VENUE

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	MATTHEW PAUL MARGERESON
2	Reason for the notification
a)	Position/status	CHIEF OPERATING OFFICER
b)	Initial notification /Amendment	INITIAL NOTIFICATION
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	HOTEL CHOCOLAT GROUP PLC
b)	LEI	213800B4D3J15PZHVY29
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument	HOTEL CHOCOLAT GROUP PLC ORDINARY SHARES OF 0.1P EACH
	Identification code	ISIN: GB00BY23CB04
b)	Nature of the transaction	SALE OF SHARES
c)	Price(s) and volume(s)
				Price(s)	Volume(s)
				£4.20	20,270
d)	Aggregated information
	- Aggregated volume	n/a single transaction
	- Price
e)	Date of the transaction	29 November 2019
f)	Place of the transaction	LONDON STOCK EXCHANGE, AIM

Enquiries:

Hotel Chocolat Group PLC	Tel: [phone]
Angus Thirlwell, Co-Founder and CEO Peter Harris, Co-Founder and Development Director Matt Pritchard, CFO
Liberum (Nominated Adviser and Sole Broker)	Tel: [phone]
Clayton Bush James Greenwood
Citigate Dewe Rogerson	Tel:  + 44 (0) 20 7638 9571
Angharad Couch Ellen Wilton

Notes to Editors:

Hotel Chocolat is a premium British chocolatier with a strong and distinct brand.  The business was founded in 1993 by Angus Thirlwell and Peter Harris and has traded under the Hotel Chocolat brand since 2003. The Group sells its products online and through a network of stores in the UK and abroad. The Group has a cocoa plantation and eco-hotel in Saint Lucia, offering complete cocoa immersion thorough tree-to-bar experiences and wellness treatments. The Group also has a flagship restaurant and cocoa roastery in London's Borough Market: Rabot 1745. The Group was admitted to trading on AIM in 2016.

 

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